NOT LISTED FOR SALE

408 Michigan Ave Elyria, OH 44035

Estimated Value: $199,780 - $230,000

3 Beds
1.5 Baths
1,344 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 24, 2014

Last sale price $99,500 $74 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,324/month

272 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Central Air
  • No HOA
  • Patio
  • Baseboard Heating

About This Home

As of April 2014

Charm abounds this beautifully maintained Ranch style home. Newer boiler and hot water instant hot 3/14. Roof 7 years,window vinyl clad,newer front door (custom) and patio door. Upgraded insulation 2012,family room open to kitchen with woodburning fireplace,dinette area at end of kitchen open to family room, totally remodeled bath 3/14. Formal dining room and spacious living room. Huge master suite with half bath and walk-in closet. Home has been gently lived in for many years. Gardens and landscaping are professionally cared for. Post card beautiful exterior. So unique and yet so the home to many!

Last Agent to Sell the Property

Diane Clark

Deleted Agent License #333027 Listed on: 06/19/2013

Deleted Agent

Last Buyer's Agent

Stephanie Sedlacek

Classic Realty Group, Inc. License #2010000619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x140
  • West Facing Home
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 06-25-003-110-087

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,407

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1973
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: No
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial
  • Acres: 0.2
  • Home Warranty: Yes
  • Construction Type: Stucco, Vinyl Siding
  • Direction Faces: West
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Drain, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-25-003-110-087
  • Lot Dimensions: 65x140
  • Lot Size Sq Ft: 8712.0
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1407.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Apr 23, 2014
Sold by
Laser Laura L and Laser Laura L
Bought by
Dorsey Samuel M and Dorsey Tracy L
Seller's Agent
Diane Clark
Deleted Agent
Buyer's Agent
Stephanie Sedlacek
Classic Realty Group, Inc.
List Price
$118,900
Sold Price
$99,500
Premium/Discount to List
-$19,400
-16.32%
Current Estimated Value
$215,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,945
Avg. Annual Appreciation
6.84%
Original Mortgage
$97,697
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dorsey Samuel M $99,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dorsey Samuel M $97,697
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2014 04/24/14 Sold $99,500 -16.3% $74 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
06/19/2013 06/19/13 For Sale $118,900 -- $88 / Sq Ft
Source: MLS Now (Howard Hanna)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,350 $49,658 $12,775 $36,883
2023 $2,330 $42,756 $11,144 $31,612
2022 $2,321 $42,756 $11,144 $31,612
2021 $2,327 $42,756 $11,144 $31,612
2020 $2,216 $36,210 $9,440 $26,770
2019 $2,202 $36,210 $9,440 $26,770
2018 $2,177 $36,210 $9,440 $26,770
2017 $2,148 $33,790 $9,580 $24,210
2016 $2,119 $33,790 $9,580 $24,210
2015 $1,985 $33,790 $9,580 $24,210
2014 $1,453 $33,790 $9,580 $24,210
2013 $1,440 $33,790 $9,580 $24,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 3419620

MLS Now (Howard Hanna)

APN: 06-25-003-110-087